Last fall, Vernon W. Hill II set up a new private-investment firm in Chevy Chase, Md. with a former bank analyst.
Now, the founder of Commerce Bancorp Inc. has been named co-chairman of Bankstocks.com, a Web site started by a hedge fund manager. According to a post, Hill will be writing about the financial services industry for the Web site:
You may agree with Vernon or disagree with him - but you'll rarely fail to find his views thoughtful and provocative.
But apparently he'll be more than a "content provider." The post by Bankstocks.com co-founder Thomas Brown says that "Hill will apply his considerable enterpreneurial skills to help transform Bankstocks.com into the 'go-to' site for financial services executives and employees."
Brown positively gushes about Hill, calling him "perhaps the most successful and innovative banker of his time."
While he recounts "the Vernon Hill story" in the post, he omitted a chapter: Hill was ousted by the board of Commerce Bancorp last summer.
